Holcim And Lafarge Full Merger And Create LafargeHolcim

Holcim And Lafarge Full Merger And Create LafargeHolcim

Holcim Ltd and Lafarge S.A. immediately accomplished their global merger and have launched LafargeHolcim, a world leader in the building materials industry.

All situations for the completion of the merger have been fulfilled following the successful completion of the general public change provide and the issuance of new Holcim shares to Lafarge shareholders.

Holcim’s shareholders had beforehand approved the merger-related resolutions at an Extrabizarre General Meeting on May 8, 2015. With the completion of the merger the mandate of the new Board of Directors and of the new Executive Committee with Eric Olsen as CEO has change into effective.

LafargeHolcim additionally unveils its new brand and corporate identification today. It has been designed to demonstrate that Holcim and Lafarge have united to kind one company, expressing the leadership and strength of the new Group.

Wolfgang Reitzle, Co-Chairman (statutory Chairman) of the Board of Directors of LafargeHolcim, says: "Immediately’s closing is a historic occasion – not only for our founding firms but additionally for the industry as a whole. LafargeHolcim has a novel business portfolio, is the business benchmark in R&D and gives its clients the widest range of progressive and value-adding products, services and solutions – from smallholders to giant enterprises and most advanced projects."

Bruno Lafont, Co-Chairman of the Board of Directors of LafargeHolcim, adds: "This new company is constructed on the rich history and culture of Lafarge and Holcim and its teams. The merger has not only resulted in a bigger and more world company however brings about a distinctive set of complementary capabilities to capitalize on. Under the leadership of Eric Olsen, the new Group will foster a new operating model and create more worth for all our stakeholders."

The new LafargeHolcim shares will be traded on the SIX Swiss Alternate as well because the Euronext in Paris as of July 14.

As introduced, LafargeHolcim will re-open the general public alternate provide to give the remaining Lafarge shareholders the chance to additionally tender their shares. The new offer interval will start on July 15, 2015 for a length of ten trading days until July 28th.

In April 2014 both companies had announced their intention to merge. The Group received all relevant anti-trust approvals within the expected timeframe following a proactive dialogue with the respective authorities. In this context, operations in Europe, the US, Canada, Brazil, India, the Philippines, and Mauritius are being divested. Completion of those transactions is expected within the approaching months.

The worldwide launch of the new company will be celebrated on July 15, 2015. LafargeHolcim will invite to a media convention on that day.


About LafargeHolcim
With a well-balanced presence in 90 countries and a give attention to Cement, Aggregates and Concrete, LafargeHolcim is the world leader within the building supplies industry. The Group has one hundred fifteen,000 employees all over the world and mixed net sales of CHF 33 billion (EUR 27 billion) in 2014. LafargeHolcim is the trade benchmark in R&D and serves from the person homebuilder to the most important and most advanced project with the widest range of worth-adding products, progressive providers and complete building solutions. With a commitment to drive sustainable options for higher building and infrastructure and to contribute to a higher quality of life, the Group is finest positioned to fulfill the challenges of increasing urbanization.

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